Bidders are advised to carefully read through the Conditions of Business prior to participating in the auction. We invite you to contact us should you have any questions or view our FAQ page for further details.
BIDDER INFO
PAYMENT OPTIONS
Following a successful purchase at auction, bidders are advised that payment is due in full on or before 17:00 of the next working day following the auction closing. Payment is to be completed via wire transfer. The successful bidder will receive a copy of their bill of sale and instructions to remit payment via email.
ADDITIONAL FEES TO BE CONSIDERED
Buyer’s Premium
In addition to the final bid amount, a buyer’s premium is due on the lot:
Cars:
15% (plus 5% non-reclaimable VAT) on a hammer price up to and including €200,000
12.5% (plus 5% non-reclaimable VAT) on the portion of the hammer price exceeding €200,000
Taxes/Import Duties
Buyers are responsible for any applicable duty and/or local taxes. International bidders are advised to inform themselves of potential import duties that would be due upon the arrival of the lot to its final destination. You are advised to speak with your local representatives in advance of the sale to understand what these costs may be.
LOT REMOVAL/SHIPPING
Onward shipping will need to be arranged from Dubai UAE following the sale.
Buyers are required to make immediate arrangements for the collection and transport of their purchased lot. It is the buyer’s responsibility to make their own arrangements, but RMS is pleased to offer our clients the services of the following companies for shipping:
CARS Middle East
Contact - Ahmed Yaseen
Ahmed@carsmiddleeast.com
+971 (0) 4882 1334
INSURANCE
Please note insurance is the sole responsibility of the buyer from the drop of the hammer.
ADMINISTRATION CONTACT